Taking everything into account, DRAI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DRAI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although DRAI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.07 to 30.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.47 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.69 to 31.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DRAI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRAI is neutral. |
| ChartMill Relative Strength | 81.34 | POSITIVE | DRAI has a high relative strength, it outperformed 81.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DRAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.94 | NEUTRAL | The RSI value for DRAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DRAI has a negative trend. |
| Stochastics (14,3) | 52.98 | NEUTRAL | The Stochastics value for DRAI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.76 | LOW VOLATILITY | The low ATR as a percentage value for DRAI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.54 | NEGATIVE | The low ADX value for DRAI suggests a weak or negative trend. |
NYSEARCA:DRAI (12/16/2025, 11:54:29 AM)
30.49
-0.08 (-0.26%)
DRACO EVOLUTION AI ETF / DRAI FAQ
Can you provide the ChartMill technical rating for DRACO EVOLUTION AI ETF?
ChartMill assigns a technical rating of 9 / 10 to DRAI.
Can you provide the trend direction for DRACO EVOLUTION AI ETF?
The current trend direction for DRACO EVOLUTION AI ETF (DRAI) is Bullish.
What is the RSI signal for DRACO EVOLUTION AI ETF (DRAI) stock?
DRACO EVOLUTION AI ETF (DRAI) has an RSI value of 47.9359. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DRACO EVOLUTION AI ETF?
The MACD indicator for DRACO EVOLUTION AI ETF (DRAI) has a value of -0.0373126, indicating a bearish trend.